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Salim Group Still Plans to Unload
Additional 12.5% Indofood Stake

HONG KONG -- Salim Group said late Wednesday that it still plans to sell up to an additional 12.5% of PT Indofood Sukses Makmur despite unloading a 40% stake Tuesday.

Salim sold 40% of Indonesia's largest noodle maker to Hong Kong conglomerate First Pacific Ltd. for US$650 million. After the deal, Salim, which is also First Pacific's parent company, will control 22.6% of Indofood.